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Pune: Property registrations dip in Purandar taluka
Publish on : 2021-08-10 10:39:48
The property registration department’s data revealed that the declining trend persisted in the entire taluka and not just the seven villages marked for the proposed airport. PUNE: Property registrations in Purandar taluka, the proposed site for the new Pune airport, has taken a further hit follow...
Maharashtra government to introduce policy for vacation rental homes
Publish on : 2021-08-07 13:24:44
The policy will help regulate the entire trade of vacation homes, which will be approved after visits from government officials and the police, and help curb the menace of unsuspecting tourists getting fleeced MUMBAI: Maharashtra is drafting a 'vacation rental home' policy, given the changes in t...
MUMBAI: The Maharashtra Real Estate Regulatory Authority on Friday allowed a six-month relief to builders to deliver projects by accepting their demand for invoking the 'force majeure' clause because of the second wave. This is the second time in the pand
Publish on : 2021-08-07 12:54:12
"All MahaRERA registered projects where completion date, revised completion date or extended completion date expires on or after April 15, 2021, the period of validity for registration of such projects shall be extended by six months," the Authority said in a notification. MUMBAI: The Maharashtra...
Mumbai: BMC now wants beautification cess to go up by 5%
Publish on : 2021-08-05 13:13:14
The BMC collects beautification cess from housing societies and properties that have water ponds, water fountains and other landscaping with water components. MUMBAI: After a failed bid to increase property tax by 14% in June, the BMC has proposed to raise the ‘beautification cess’ by 5%. The...
Mumbai: Part payment benefit extended to SRA builders too
Publish on : 2021-08-05 13:11:21
According to the circular signed by M V Waghikar, controller of finance in the SRA, builders can now pay premiums to the SRA in five instalments. One instalment of 10% and four of 22.5% each. MUMBAI: Over a year after top builders executing projects under the BMC, Mhada and other planning authori...
MHADA's housing lottery unlikely this year as well
Publish on : 2021-07-29 12:03:01
In 2020, people were looking forward to the lottery draw, but the pandemic’s outbreak derailed the plan. Secondly, there weren’t enough homes ready for the housing authority to call for applications and subsequently hold the lottery draw. MUMBAI: For families looking forward to participating in t...
MHADA's housing lottery unlikely this year as well
Publish on : 2021-07-26 12:07:41
In 2020, people were looking forward to the lottery draw, but the pandemic’s outbreak derailed the plan. Secondly, there weren’t enough homes ready for the housing authority to call for applications and subsequently hold the lottery draw. MUMBAI: For families looking forward to participating in...
Bombay HC upholds acquisition of prime plot for slum rehabilitation scheme
Publish on : 2021-07-26 12:05:48
The HC held that the state and Slum Rehabilitation Authority (SRA) “have meticulously followed due process of law for acquiring’’ the property. MUMBAI: Observing that the owner of a prime plot near Siddhivinayak temple in Dadar did nothing for 40 years, Bombay high court upheld its acquisition by...
Mumbai: realty sector hit: Dip in sales, new launches
Publish on : 2021-07-22 12:25:41
The Covid-19 second wave has badly hit the real estate sector of the Mumbai Metropolitan Region (MMR), as both, the sales, as well as new project launches, were greatly impacted, revealed a half-yearly report by a real estate consultancy firm, on Thursday The Covid-19 second wave has badly hit th...
Mumbai records over Rs 4,000-crore luxury property deals in January-June period
Publish on : 2021-07-22 12:14:07
The country’s financial capital has recorded transactions worth over Rs 4,000 crore in the first half of 2021, showed data from Square Yards. The performance indicates a good run following the second half of 2020 when it started witnessing an uptrend after almost half a decade. Luxury property se...

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